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Cardano and Litecoin are very likely to turn positive this October. Meanwhile, Monero may also be on an upward path. According to ChangeNOW, there has been a notable increase in trading volumes for ADA, LTC and XMR. The platform is favored by experienced and large investors, suggesting that these cryptocurrencies are moving into an accumulation phase.
Cardano (ADA) Gains Momentum as Bulls Target Key Resistance Levels
Cardano is recovering and is trading between $0.31 and $0.35. The price has recently increased by 9% on the week, suggesting bullish momentum. ADA faces initial resistance at $0.37, but if bulls can break through this, it seems likely to reach $0.40. This means that it could move up by 14% from the current level. Support remains strong at $0.29, providing a safety net in case the price drops. The RSI is near 51, indicating a neutral market, but the recent growth suggests the possibility of further upside. For those considering adding ADA to their portfolio, the setup looks promising. Buying Cardano is easy with ChangeNOW, no sign-up or hidden fees required.
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Bulls show subtle strength in Litecoin market
Litecoin has seen a modest decline of around 3% this week, but there is still room for optimism. The current price is hovering between the high $50s and mid $60s. Bulls may be targeting the next resistance near $71, with further targets above $80 expected. The short-term moving averages suggest some positive momentum. Indicators show that Litecoin is quite active, suggesting that it may break out of its slump. There is a sense that the market may soon tilt in favor of buyers. With a steady upside expected, the setup seems favorable for buying Litecoin. ChangeNOW makes it easy to buy without any hassle or extra fees.
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Monero bull market is promising as strong gains are expected
Monero (XMR) has caught investors' attention with its promising price movement. Currently, XMR is hovering between $164 and $178, and has risen nearly 16% in the last month. Monero is above two major simple moving averages, indicating steady growth. The next major resistance is $184, which has room to rise to $198, which could lead to a 20% upside. The RSI and other indicators show that the market is in equilibrium, suggesting that the bulls are subtly gaining the upper hand. With conditions looking favorable, now might be a good time to consider buying Monero on ChangeNOW, where you can trade seamlessly without signup.
Conclusion
Cardano, Litecoin, and Monero each offer unique benefits for investors. Cardano offers innovative smart contract capabilities, Litecoin is known for fast transaction times, and Monero focuses on high privacy and security. For those who want to invest or trade in these cryptocurrencies, ChangeNOW is the recommended platform. The platform allows users to exchange, buy, or sell these coins easily and safely, with the advantage of no hidden fees and no registration required. The platform supports over 900 cryptocurrencies, has no limits on transaction amounts, and allows users to purchase cryptocurrencies with bank cards. ChangeNOW's system increases user confidence by not holding any of the users' funds.